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Petrobras Lands 10-Year Yen Loan

Dec 14, 2008

Brazilian state-owned oil giant Petrobras has secured a JPY75bn ($750m) 10-year loan from a club...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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